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Results (10000)
Uzair Syed 1031: Rent to Child, then give in Inheritance to that child?
24 August 2020 | 8 replies

Hi,
I've read prior posts about permissibility of renting a 1031 exchange property to family members (as long as it is fair market rent and well-documented).
Is it permissible for the parents to leave the property i...

Sean Mills Account for equity when paying down loans
13 October 2014 | 4 replies

I am planning to purchase my first rental property this coming winter using conventional financing. While I save for a downpayment I have been analyzing properties for practice. When looking at properties and the retu...

Bennett Schwartz Appliances for Low end apartments
2 December 2019 | 13 replies

Hi BP,
I'm looking to purchase appliances for low end apartments and everyone says to get "renter grade". Any help on what constitutes as that? I get I shouldn't be paying a lot for them but how little should I be pa...

Elliot Vann Quick! I got an offer accepted now what?
8 July 2020 | 6 replies

So me and a partner have been looking at deals for a few months and we finally got a mortgage pre approval.We put our first offer on a property in Easton, PA...and just like that after a counter we are good to go!It i...

Roman Rytov 1031 with three properties and two owners
11 November 2018 | 8 replies

Never did 1031 but based on what I read it may not be an option for my situation. I owe two duplexes in my name and my wife another one. Can we sell the three on 1031 and exchange it for a single larger property? Prob...

Brian Piechocki Install Central A/C in old House for BRRR?
17 April 2024 | 6 replies

I'm looking at an 1950s, 3br/1ba fixer upper that currently has window units. Still running the numbers, but the plan is to BRRRR but flip would be the backup exit strategy.Does anyone have experience installing HVAC ...

Aubrey Ford What to do? 1031? Sell? continue to rent?
18 September 2024 | 4 replies

Short story I have a SFH that I rented out and the tenant is essentially abandoning. They can no longer afford the rent due to a divorce. Now I am trying to decide to sell (take the long term cap gains hit) versus a 1...

Brandon C. Custom lease vs basic lease + addendums?
18 June 2015 | 4 replies

I close in just over a week on my first rental house. I've read on the forums for a while and I've kept a list of lines I want to add to my lease to avoid various problems. Should I work with with a local attorney to ...

Brandon V. WI Security Deposit and Damages
31 October 2018 | 4 replies

Hi Everyone,I had a tenant move out on October 20th.  They did not pay for October Rent and did some considerable damages and I'm just making sure I am doing the right process here.  I am about to send them a certifie...

Jessica H. Radiator cost estimate
12 April 2022 | 7 replies

Hi, I'm trying to estimate the cost of radiator heating. My estimate is ~$375/month for 3 units with budget billing for natural gas. Could everyone please share what type of radiator heating you have, how many units...